What is recognizance?
A) a party's acknowledgement in court that he or she will pay a specified sum of money if a certain event occurs
B) a sealed document that contains a formal contract whose contents are known to both parties and the referee who supervised its signing
C) a sealed document that contains an informal contract whose contents are known only to the parties
D) a party's acknowledgement in court that he or she is not liable to pay any money if a certain event occurs

Question

Quizplus · Accepted Answer

Recognizance is a legal concept in which a party acknowledges in court that they will pay a specified amount of money if a certain event occurs. It is often used as a way for defendants to secure their release from jail before trial. This option represents the definition of recognizance.

What Is Recognizance